468.240 - SUPERVISORS OF COUNTY OVER TWO HUNDRED THOUSAND MAY ESTABLISH. - Iowa Statutes

468.240 SUPERVISORS OF COUNTY OVER TWO HUNDRED THOUSAND MAY ESTABLISH. The board of a county with a population of two hundred thousand persons or more that has established a drainage district located partly within the corporate limits of a city may expend federal grants or revenue sharing money or other funds not derived from local tax levies in amounts as the board deems proper to pay any part of the cost of improvements authorized in this subchapter, parts 1 through 5. The board may issue general obligation bonds to pay any part of the cost of improvements authorized in this subchapter, parts 1 through 5. The bonds shall be issued according to the provisions of chapter 384, division III, relating to general obligation bonds for essential corporate purposes.          Section History: Early Form [C77, 79, 81, § 455.225]          Section History: Recent Form 89 Acts, ch 126, § 2 CS89, § 468.240